28.05.2024

Baiterek Holding helps create 4000 jobs in manufacturing industry

     At a meeting of the government of Kazakhstan, Chairman of the Board of Baiterek National Management Holding Rustam Karagoishin presented the holding’s achievements over the past year. Thanks to government support measures, around 4,000 new jobs were created, services worth 15.1 trillion tenge were provided, and exports amounted to more than 1.6 trillion tenge. Additionally, tax payments to the budget reached 1.6 trillion tenge.

     In his report, Rustam Karagoishin highlighted the contributions of the holding’s key divisions in achieving these results:

• The Development Bank of Kazakhstan provided financing for the production and sale of products totaling 3.2 trillion tenge, promoted exports worth 1.5 trillion tenge, made tax contributions of 984 billion tenge, and created 798 new jobs.
  
  
• The Industrial Development Fund financed 41 leasing transactions worth 204.9 billion tenge, resulting in the production and sale of products worth 4.08 trillion tenge and the creation of 1,600 jobs.
  
  
• The Qazaqstan Investment Corporation supported production worth 58 billion tenge, leading to the creation of 1,400 new jobs.

     Particular attention was given to the launch of five key projects, including the expansion of a poultry farm in the Akmola region and the commissioning of two concentrating plants in the Karaganda and Aktobe regions, significantly enhancing the country’s production capabilities.